Informative

Karnataka RERA Directs Ozone Infra Developers To Refund Rs. 70.33 Lakh To Homebuyer For Delayed Possession

Update / Judgement Date

16 Jun 2025

Source

Live Law

Author

Team — WCP Legal Desk

Reading Time

1 min read

Consumer Protection ActRERA & Property Act

The Karnataka RERA (Real Estate Regulatory Authority) has directed Ozone Urbana Infra Developers to refund ₹7.033 lakh to a homebuyer for delayed possession. The homebuyer had booked a flat in the "Urbana Aqua" project and experienced significant delays in receiving possession, a violation of the RERA Act. The ruling mandates the developer to return the money with interest, providing crucial relief to the consumer and reinforcing RERA's commitment to ensuring timely project completion and protecting the interests of property purchasers.

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Karnataka RERA Directs Ozone Infra Developers To Refund Rs. 70.33 Lakh To Homebuyer For Delayed Possession

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